Capital mobility is a double-edged sword for emerging economies, as governments must weigh the benefits of investment against the potential economic costs and political consequences of currency crises, devaluations, and instability. Financial Markets Volatility and Performance in Emerging...

The 1990s witnessed several acute currency crises among developing nations that invariably spread to other nearby at-risk countries. These episodes—in Mexico, Thailand, South Korea, Russia, and Brazil—were all exacerbated by speculative foreign investments and high-volume movements of...

The disparity between rich and poor countries is the most serious, intractable problem facing the world today. The chronic poverty of many nations affects more than the citizens and economies of those nations; it threatens global stability as the pressures of immigration become unsustainable and...

1. Faces of the poor -- 2. The Poverty Obliteration Paradigm (POP) -- 3. The potential double impact of tourism development and poverty reduction -- 4. The power of tourism in poverty alleviation : the empirical nexus tourism, growth, inequality and poverty -- 5. Tourism and poverty intensity --...